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radtek327
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Hello, I am a newbie trader. I learned a hard lesson starting out of the importance of a stop loss. I'm now using a trailing stop and it's been working for me. I guess I'm considered a "scalper" since I look for runs and try and just take a chunk out of the middle. This is the way I was taught. Here it is, middle of August and the volotility is just crazy with what's going on. I'm having trouble figuring out where to set my stop loss, to limit my losses, but staying in the trade without getting picked off. Any advice for a newbie?